## Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities

_Policy Papers, March 25, 2021_

## Source details

**Canonical URL:** [Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities](https://www.imf.org/en/publications/policy-papers/issues/2021/03/25/temporary-extensions-and-modifications-of-access-limits-in-the-funds-lending-facilities-50309)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2021/03/25/temporary-extensions-and-modifications-of-access-limits-in-the-funds-lending-facilities-50309/index.md)
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## Bibliographic details
- Published: March 25, 2021
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781513575032.007

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### Summary
- The Fund introduced two main sets of temporary adjustments to its lending frameworks in the early months of the pandemic:
  - (i) increases in the limits on access to its emergency financing instruments (April 2020)
  - (ii) increases in the annual limits on access to financing from both its general and concessional financing facilities (July 2020)

### Policy adjustments and scope
- Emergency financing instruments: limits on access were increased in April 2020.
- Annual access limits: increases applied to both general and concessional financing facilities in July 2020.
- Subject areas covered (as listed): Concessional external borrowing, COVID-19, Credit, Debt sustainability, Emergency assistance, External debt, Foreign aid, Health, Monetary policy, Money, Political economy
- Keywords (as listed): C. staff proposal, Concessional external borrowing, COVID-19, Credit, Debt sustainability, Emergency assistance, emergency financing instrument, fund arrangement, Low income countries, RCF request

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2021/english/ppea2021019.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2021/03/25/temporary-extensions-and-modifications-of-access-limits-in-the-funds-lending-facilities-50309_